Amata VN Public Company Limited operates as a holding company, investing in subsidiaries whose core business is the development of industrial estates and related businesses in Vietnam. The Company generates revenue from 1) the sale of real estate and long-term land leases within industrial estates, including commercial and residential areas 2) utility services, and 3) the rental of ready-built factories and office buildings.
| 6M26 | 6M25 | 2025 | 2024 |
|---|
| Revenues | 1,873.64 | 1,982.88 | 4,022.61 | 5,379.40 |
| Expenses | 1,294.58 | 1,778.57 | 3,175.05 | 5,007.36 |
| Net Profit (Loss) | 357.06 | 80.44 | 459.85 | 75.75 |
| Assets | 14,083.83 | 13,564.44 | 13,617.47 | 14,793.84 |
| Liabilities | 7,476.14 | 7,693.09 | 7,336.60 | 8,564.66 |
| Shareholders' Equity | 5,741.89 | 4,894.83 | 5,065.46 | 5,229.34 |
| Operating | 255.17 | 562.55 | 1,002.85 | 930.44 |
| Investing | -47.04 | -306.24 | -822.20 | -1,746.75 |
| Financing | -231.80 | -386.88 | -97.21 | 505.73 |
| EPS (Baht) | 0.34 | 0.08 | 0.43 | 0.09 |
| GP Margin (%) | 11.81 | 20.99 | 29.29 | 14.38 |
| NP Margin (%) | 20.95 | 4.71 | 13.19 | 1.98 |
| D/E Ratio (x) | 1.13 | 1.31 | 1.17 | 1.37 |
| ROE (%) | 6.71 | 1.51 | 8.93 | 1.44 |
| ROA (%) | 4.22 | 1.50 | 6.17 | 2.68 |
The Company is committed to building a city of future in Vietnam
that attracts companies from various industries, from
multinational corporations to dynamic local enterprises. The
Company delivers a platform for success, focusing on efficiency,
reliability, and social responsibility, which aligns with its vision of
creating a "Perfect City" that generates excellent opportunities.
Furthermore, the Company operates under the "ALL WIN"
philosophy to ensure that all stakeholders benefit, takes
responsibility for society and the environment, and develops
sustainably with the community.
The Company has an organizational-level sustainability
management policy and significant sustainability management
practices, with the goal of achieving a fully integrated city that
creates value for the community and stakeholders, along with
environmental stewardship and responsible supply chain
management. The Company has identified key sustainability issues, with climate change response being one of the significant issues. Other key sustainability issues will be managed and monitored by assigned departments, including reporting on the progress of various practices and operations to to the Board of Directors according to the governance structure. Currently, the Company's sustainability operations cover environmental, social, and good governance dimensions to achieve sustainability targets as well as goals in reducing greenhouse gas emissions, including the long-term goal of achieving carbon neutrality by 2040 and Net Zero by 2050, to mitigate and reduce related risks. Details regarding sustainability management available at "Sustainability Report"
The company's business plan for 2026
- Focusing on continuous growth from existing projects with a land sales target of 89 hectares in 2026, and on process of development for the new project, Amata City Phu Tho (ACPT).
- Emphasizing project development, along with investment in renewable energy, particularly in solar rooftops for ECO IP, to meet the demands within Amata's industrial estates.
In 1H/2026, the Company reported a total revenue of Baht 1,873.64 million, decreased 5.50 percent from the same period last year, comprising:
1. Revenue from real estate sales: Baht 95.10 million, decreased by 84.85 percent from the same period last year, representing real estate sales in Amata City Long Thanh (ACLT) of 0.02 hectares. Amata City Ha Long (ACHL) of 2.73 hectares.
2. Revenue from utility services: Baht 1,284.50 million, decreased by 1.99 percent from the same period last year, from VND depreciated against THB, despite the increased utility revenue in VND.
3. Revenue from rentals: Baht 13.95 million, increased by 2.26 percent from the same period last year.
In 1H/2026, the Company reported a share of profit from investments in associates of Baht 4.89 million consistent with the same period last year, and a gain from sales of investment in subsidiaries of Baht 441.86 million. The Company reported net profit for the period of Baht 392.53 million, increased by Baht 299.10 million from the same period last year.
20 May 2026 The Group completed its disposal of its investment in Amata Service City Long Thanh 2 Company Limited (ASCLT2) and recognized a gain from sales of investment of THB 441.86 million. The disposal of Amata Service City Long Thanh 1 Company Limited (ASCLT1) is ongoing and expected to be completed within 2026.
The Company has established a systematic enterprise risk
management framework in accordance with international
standards, based on the Enterprise Risk Management – Integrated
Framework as per COSO and ISO 31000:2018 standards. The Group
has a systematic and continuous enterprise risk management
system, integrating Environmental, Social, and Governance (ESG)
principles into strategic planning to mitigate potential risks that
could significantly impact the achievement of the Company's
business objectives and leverage emerging opportunities for
maximum benefit.
• 'SET ESG Ratings 2025', included to the rating for the 6th consecutive year with the highest "AAA" rating in 2025
• 'AGM Checklist' Score 100 for 9 consecutive years, 2017-2025
• 'Corporate Sustainability Index (CSI)' in 2023-2025 – Top 10 in the trade and service business sector in Vietnam
• 'VIPF Green Future Awards 2025' Top-tier "Industrial Real Estate Developers with Outstanding Green Transformation Strategies" for ACBH and "Industrial Real Estate Developers with Green Transformation Strategies" for ACHL
• 'Eco-IP project' ACBH received compliance rate 86% in 2025, by Vietnam's Ministry of Planning and Investment, UNIDO, and SECO.
• 'Thailand Private Sector Collective Action Against Corruption (CAC)' certified member since 2020, with a recent assessment for the membership renewal in 2023
| as of 30/06/26 | AMATAV | PROP | SET |
|---|---|---|---|
| P/E (X) | 4.76 | 14.26 | 16.92 |
| P/BV (X) | 0.41 | 0.85 | 1.46 |
| Dividend yield (%) | - | 4.39 | 4.02 |
| 30/06/26 | 30/12/25 | 30/12/24 | |
|---|---|---|---|
| Market Cap (MB) | 2,153.11 | 1,918.62 | 5,116.31 |
| Price (B/Share) | 2.02 | 1.80 | 4.80 |
| P/E (X) | 4.76 | 7.71 | 21.83 |
| P/BV (X) | 0.41 | 0.40 | 1.01 |
